Trustees’ Annual Report for the period
From 1[st] January 2024 To 31[st] December 2024
Charity name: OASIS CHRISTIAN TRUST Charity registration number: 1171906
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | (a) To advance the Christian faith in accordance with the Statement of Faith in the Schedule hereto attached in Romsey and such parts of Hampshire, the United Kingdom or the world as the Trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity; (b) To relieve persons who are in condition of need or hardship and who may be aged or sick and to relieve the distress caused thereby in Romsey and such parts of Hampshire, the United Kingdom or the world as the Trustees may from time to time think fit. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The Charity owns and operates the Oasis Christian Centre at 25 Church Street Romsey SO51 8BT. In pursuance of the charitable purpose the Charity operates a retail In addition, the Charity supports local initiatives and third world poverty relief. To fundraise the retail shop sells scout and guide uniform and other ancillary items. The charity also has tenants in the residential flat within the premises. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties. The Charities services and premises are available to the general public |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference
| Policy on grant making. | Para 1.38 | Grants are made after consideration of the Trustees, to causes that meet our charitable purposes. |
|---|---|---|
| Policy on social investment including program related investment. |
Para 1.38 | The Charity does not make social investments. |
| Contribution made by volunteers. |
Para 1.38 | The work of the Charity is greatly enhanced by the contribution of volunteers, enabling the Centre to be open to the public between 09.30 and 16.30 from Monday to Friday and 09.30 and 16.00 on Saturday. The value of the contribution of volunteers is estimated at £39,701 (based on the NLW) in the current reporting period. |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The Trust continued to develop an IT strategy which has improved the use of social media to connect with various communities and identified training requirements for staff. The Trust has continued to explore and use various avenues to appoint further trustees with finance and other skills. The Trust continued to use an external company to manage the payroll and provide associated financial advice. The Trust has participated in local community events. The Trust was grateful to receive donations from the outcome of craft evenings arranged by staff and volunteers. The poor weather conditions have impacted on the fabric of the building and voluntary donations by members of the public have assisted in the cost of upkeep of the brickwork. A significant amount of remedial work to the brickwork has been undertaken. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Charity had a deficit of £18,402 after Donations and flat rent are taken into consideration in the reporting period. The deficit was caused mainly by the appointment of a part- time Deputy Manager to provide continuity on the retirement of the manager of 40 years and the induction of the new manager. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The reserves policy is set to maintain a fund that will meet our contractual requirements to our staff, trade creditors and maintain the property. The building is Grade 2 Listed and following a report by a specialist surveyor, certain building works have been identified which will need to be addressed. The Reserve also provides against potential loss of income through unforeseen circumstances and staffing costs in the event of any redundancies. |
| Amount of reserves held | Para 1.22 | £50,000 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | , |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | . |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 Other
Structure, Governance and Management
| Description of charity’s trusts: | Charitable Incorporated Organisation | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointment by existing Trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Oasis Christian Trust |
|---|---|
| Other name the charity uses | Oasis Christian Centre |
| Registered charity number | 1171906 |
| Charity’s principal address | 25 Church Street ROMSEY SO51 8BT |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year | Name of person (or body) to appoint trustee(if any) |
|---|---|---|---|
| John Pennells | Chairman | Trustees | |
| Mike Wood | Trustees | ||
| Mike Perrott | Trustees | ||
| Alan Robinson | Trustees | ||
– Corporate trustees names of the directors at the date the report was approved
Director name none
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others Descrin of the assets hekj in this None Name and obi8cts of the charity on whose behalf the assets are held and how thi$ falls within the cust(Klian charitys objects Details of arrangements for safe custody and segregation of such assets from the Charity's thvn assets Additional infomiation (optional) Names and addre5se8 of advlseys (Optional infomiation) Type of Name Address adviser Financial John Reeves Alhan. NuIrn Road, North Baddesy. Southampton S052 9DX Namè of chief executive or names of senior staff members (Optional infornwllon) Exemptions from disclosure Rea50n for non•isclosure of k JonrEI d&ails Other o tional inforniation Declarations The tr(otoes declare th•t they have approved the tru8tees' roport above. Signod on behalf of the chaiitys trustees Slgnaturels) J E Pennells Full natne(s) Positlon (ag Secretsry. Chair. etc) John Pennells Chairnan 18 September 2025
Statement of Activity Comparison
Oasis Christian Trust
January-December, 2024
| DISTRIBUTION ACCOUNT | TOTAL | ||
|---|---|---|---|
| JAN 1 - DEC 31 2024 | JAN 1 - DEC 31 2023 (PY) | ||
| Income | |||
| Sales of Product Income | 0 | 0 | |
| 101 Books (deleted) | 25,748.27 | 29,200.44 | |
| 102 Bibles (deleted) | 10,036.03 | 9,347.26 | |
| 103 Whole Foods (deleted) | 6,916.47 | 7,323.90 | |
| 104 S & G Uniform Childrens (deleted) | 11,751.32 | 12,027.41 | |
| 105 CD & DVD (deleted) | 1,854.54 | 1,498.69 | |
| 106 Cards etc (deleted) | 15,721.26 | 15,768.63 | |
| 107 Craft (deleted) | 2,893.24 | 2,208.44 | |
| 108 Confectionary (deleted) | 4,705.93 | 5,033.25 | |
| 109 Gifts (deleted) | 4,705.97 | 6,608.35 | |
| 111 S & G Uniform Adult (deleted) | 2,226.85 | 2,393.60 | |
| 112.0 Magazines (deleted) | 8,767.42 | 9,489.54 | |
| 113.0. Stamps (deleted) | 3,290.34 | 3,575.01 | |
| 115 Book Tokens Ltd (deleted) | 98.81 | 41.57 | |
| 116 Misc (deleted) | 14,062.51 | 12,956.36 | |
| 117 Household (deleted) | 751.26 | 685.61 | |
| 119 SALE (vat items) (deleted) | 489.12 | 226.56 | |
| 120 SALE Books etc no vat (deleted) | 946.44 | 1,040.83 | |
| Commission | 812.97 | 682.15 | |
| Oasis Discounts to Churches | -384.14 | -444.37 | |
| Oasis CD vouchers | -425.00 | -365.00 | |
| Promotional Discount | -85.43 | -423.21 | |
| Total for Sales of Product Income | £114,884.18 | £118,875.02 | |
| Total for Income | £114,884.18 | £118,875.02 | |
| Cost of Sales | |||
| Cost of Sales | 0 | 0 | |
| 201 Books (deleted) | 13,588.00 | 20,613.39 | |
| 202 Bibles (deleted) | 5,522.02 | 4,792.24 | |
| 203 Whole foods (deleted) | 6,468.75 | 6,811.97 | |
| 204 Uniform S & G children (deleted) | 11,433.22 | 11,193.95 | |
| 205 CD & DVD (deleted) | 839.42 | 706.19 | |
| 206 Cards etc. (deleted) | 7,547.36 | 8,683.28 | |
| 207 Craft (deleted) | 2,169.49 | 1,362.98 | |
| 208 Confectionery (deleted) | 4,057.64 | 4,469.94 | |
| 209 Gifts (deleted) | 2,515.91 | 4,658.54 | |
| 211 Uniform S & G Adult (deleted) | 1,301.51 | 879.25 | |
| 212 Magazines (deleted) | 7,072.68 | 6,423.54 | |
| 213 Stamps (deleted) | 2,768.66 | 3,412.36 | |
| 216 Misc (deleted) | 8,556.07 | 7,775.67 | |
| 217 Household (deleted) | 361.59 | 597.29 | |
| Delivery Charges | 421.94 | 362.39 |
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Accrual Basis Thursday, July 17, 2025 02:36 PM GMTZ
Statement of Activity Comparison
Oasis Christian Trust
January-December, 2024
| DISTRIBUTION ACCOUNT | TOTAL | ||
|---|---|---|---|
| JAN 1 - DEC 31 2024 | JAN 1 - DEC 31 2023 (PY) | ||
| Discounts Received | |||
| Postage | 780.07 | 720.27 | |
| Stock Written Off | 349.79 | 124.66 | |
| 215 Book Tokens(deleted) | 25.00 | ||
| Total for Cost of Sales | £75,754.12 | £83,612.91 | |
| Stock end ofyear change | 3,777.00 | 1,341.00 | |
| Total for Cost of Sales | £79,531.12 | £84,953.91 | |
| Gross Profit | £35,353.06 | £33,921.11 | |
| Expenses | |||
| General Expenses | 0 | 0 | |
| Advertising | 1,111.50 | 651.00 | |
| Bank charges | 1,199.21 | 1,074.73 | |
| Business Rates | 430.39 | 643.92 | |
| CCLI License | 122.83 | 174.18 | |
| Cleaning Sanitary | 1,234.21 | 970.53 | |
| Conferences and Training | 430.00 | 500.00 | |
| Daily cash shortfall/surplus | 67.82 | 34.15 | |
| IT | 698.56 | 1,453.74 | |
| Insurance Building & Contents | 1,493.13 | 1,361.26 | |
| Misc expenses | 646.89 | 643.36 | |
| Repair and maintenance | 1,185.88 | 1,453.55 | |
| Stationery Printing | 1,532.04 | 1,618.49 | |
| Subscritions | 161.00 | 200.00 | |
| Travel | 471.29 | 474.24 | |
| Events | 412.80 | ||
| Total for General Expenses | £10,784.75 | £11,665.95 | |
| Payroll Expenses | 0 | 0 | |
| NI & Pension ER | 0 | 0 | |
| Pension NEST ER | 838.33 | 708.02 | |
| Total for NI & Pension ER | £838.33 | £708.02 | |
| Payroll Preparation | 549.00 | 270.00 | |
| Salaries | 0 | 0 | |
| Basic Salaries | 52,602.46 | 46,152.83 | |
| MaternityPay | |||
| Total for Salaries | £52,602.46 | £46,152.83 | |
| Total for Payroll Expenses | £53,989.79 | £47,130.85 | |
| Uncategorised Expenditure | 435.82 | ||
| Utilities | 0 | 0 | |
| Electricity | 1,571.76 | 1,093.24 | |
| Gas | 802.63 | 666.87 | |
| Telephone Broadband | 604.39 | 459.02 |
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Accrual Basis Thursday, July 17, 2025 02:36 PM GMTZ
Statement of Activity Comparison
Oasis Christian Trust
January-December, 2024
| DISTRIBUTION ACCOUNT | TOTAL | ||
|---|---|---|---|
| JAN 1 - DEC 31 2024 | JAN 1 - DEC 31 2023 (PY) | ||
| Water | 156.97 | 272.73 | |
| Total for Utilities | £3,135.75 | £2,491.86 | |
| Total for Expenses | £68,346.11 | £61,288.66 | |
| Net Operating Income | -£32,993.05 | -£27,367.55 | |
| Other Income | |||
| Flat | 0 | 0 | |
| Flat Rent | 11,350.00 | 11,100.00 | |
| Total for Flat | £11,350.00 | £11,100.00 | |
| Interest earned | 2,293.73 | 2,252.70 | |
| Trust Income | 0 | 0 | |
| Donations | 0 | 0 | |
| 118a Donation Not Gift Aid (deleted) | 1,767.38 | 3,600.27 | |
| 118b Friends Of Oasis (Gift Aid) | 2,080.00 | 2,270.00 | |
| 118c Small donation Scheme (deleted) | 2,919.28 | 4,945.34 | |
| 118d GAYL Donations Gift Aid claim (deleted) | 41.84 | 339.36 | |
| Managers retirement donations | |||
| Total for Donations | £6,808.50 | £11,154.97 | |
| Gift Aid | 1,288.28 | 1,828.74 | |
| Total for Trust Income | £8,096.78 | £12,983.71 | |
| Total for Other Income | £21,740.51 | £26,336.41 | |
| Other Expenses | |||
| Flat Costs | 0 | 0 | |
| Flat Refurbishment | 1,132.64 | 140.00 | |
| Flat Utilities | 0 | 0 | |
| Gas (F) | |||
| Water(F) | |||
| Total for Flat Utilities | 0 | 0 | |
| Flat Management Fees | 166.67 | ||
| Total for Flat Costs | £1,132.64 | £306.67 | |
| Trust Expenses | £195.67 | 0 | |
| Donations to outside causes | 1,630.43 | 93.00 | |
| Independent Examination | 225.00 | 200.00 | |
| Repairs & Maintenance (T) | 3,965.55 | 5,683.83 | |
| Trustee Training | 1,943.00 | ||
| Total for Trust Expenses | £6,016.65 | £7,919.83 | |
| Total for Other Expenses | £7,149.29 | £8,226.50 | |
| Net Other Income | £14,591.22 | £18,109.91 | |
| Net Income | -£18,401.83 | -£9,257.64 |
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Accrual Basis Thursday, July 17, 2025 02:36 PM GMTZ
INDEPENDENT EXAMINER’S REPORT
Report to the Trustees of Oasis Christian Trust
Charity Number 1171906
On the accounts for the year ended 31st December 2024
Respective Responsibilities of trustees and examiner: The charity’s trustees are
responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (The Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s statement: My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner’s statement: In connection with my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Signed:
Date: 1[st] August 2025
Name: Daryl Martin FCIB Regis Consultants Ltd 40 Old Place Bognor Regis PO21 3AX